International Journal of Foreign Trade and International Business
2022, Vol. 4, Issue 2, Part A
An approach to maximize profit: Accounting of changing of prices
This paper presents an analytical approach for estimation of maximum value of profit of an enterprise with account several types of products. Profit maximization gives a possibility to take into account changing of price of products on the market. As an example we consider estimation of profit for the accounting of three types of products. But the introduced approach gives a possibility to change number of products, if necessary.